#爆仓六次回本一次 70, In the last two days, I've been studying, currently building positions in batches and setting batch take-profit levels, as well as implementing stop-loss strategies to protect profits when prices rise. There will be a practical summary meeting to share with everyone.
It's the weekend, so let's review the recent two operations.
For $aero's short position, the logic for opening a short was based on the previous high resistance level, and the buying volume decreased. If I had observed that the 15-minute MACD was still green, I should have operated with a small position. Unfortunately, I didn't reduce to a smaller time frame for observation at that time, and my execution ability in judgment is still lacking. Mainly, I've incurred significant losses previously, and my mindset hasn't adjusted well. In recent days, I've opened fewer positions and am continuing to adjust my mindset and learn.
For $cheems' bottom-fishing long position, my biggest problem with left-side trading is overly relying on previous spike resistance levels to open positions, and my position size is not small. If it's a bottom-fishing logic, I still need to set a reasonably tight stop-loss and build positions in batches. In this operation, the first two times I directly hit stop-loss, but the next three times I built positions in batches of 3-3-4, so I wouldn't incur a 5% loss based on that small spike as per the strict rule of immediate stop-loss.
If the micro structure forms a W shape and does not create a lower low, I can add positions on the right side. When it drops back to the previous high level, I will reduce that portion of the position to take profit, which provides a better risk-reward ratio.